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CORPORATIONS ACT 2001 - SECT 1451

Provisions relating to the scope of the amendments of Chapter 7 made by Schedule 2

Application of amendments of section   916F

  (1)   The amendments made by items   37, 38 and 39 of Schedule   2 to the amending Act do not apply to authorisations made before the commencement of the amendment, unless the relevant 10 day period for notification has not ended by the commencement of the items.

  (2)   The amendment made by item   40 of Schedule   2 to the amending Act applies to revocations made after the commencement of the item.

Application of certain amendments of sections   952B and 953A

  (2A)   The amendments made by items   53A and 58A of Schedule   2 to the amending Act apply in relation to the giving of Financial Services Guides after the commencement of the items.

Application of amendments of section   981H

  (3)   The amendments made by items   62 and 63 of Schedule   2 to the amending Act apply, after the commencement of those items, to money paid to a person before that commencement as mentioned in subsection   981H(1), even if an agreement referred to in subsection   981H(2) was in force in relation to the money immediately before that commencement.

Application of certain amendments of section   1016A

  (3A)   The amendments made by items   77A, 77B and 78C of Schedule   2 to the amending Act apply in relation to applications for financial products, and applications to become a standard employer - sponsor, whether made before or after the commencement of the items.

Application of amendments of sections   1016B to 1016E

  (3B)   The amendments made by items   78D to 78T of Schedule   2 to the amending Act apply in relation to Product Disclosure Statements whether prepared or given before or after the commencement of the items.

Application of amendment of section   1017D

  (4)   The amendment made by item   88 of Schedule   2 to the amending Act does not apply to statements prepared before the commencement of the item.

Application of amendments of section   1017E

  (5)   The amendments made by items   89 and 90 of Schedule   2 to the amending Act apply, after the commencement of those items, to money paid to a person before that commencement as mentioned in subsection   1017E(1), even if an agreement referred to in subsection   1017E(2B) was in force in relation to the money immediately before that commencement.

Application of amendments of section   1020E

  (6)   The amendment made by item   91 of Schedule   2 to the amending Act does not apply to disclosure documents or statements prepared before the commencement of the item.

  (7)   The amendments made by items   91A, 91B and 91C of Schedule   2 to the amending Act apply to disclosure documents or statements, and to advertisements or statements of a kind referred to in subsection   1018A(1) or (2), whether prepared, given or published before or after the commencement of the items.

Application of certain amendments of sections   1021B and 1022A

  (8)   The amendments made by items   95F and 96K of Schedule   2 to the amending Act apply in relation to the giving of Product Disclosure Statements after the commencement of the items.


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